Bentonville, AR is a city with a population of over 47,000 people. It is home to some well known companies such as Walmart, Tyson Foods, J.B. Hunt Transport Services, and many more. Bentonville offers an affordable cost of living when compared to the US average. For example, the average two bedroom rent in Bentonville is $1,050 while US two bedroom rent averages around $1,430; additionally the grocery cost index in Bentonville is 101 versus 100 in the US. Overall, Bentonville offers an excellent quality of life and cost of living compared to other cities in the United States.
Bentonville has an unemployment rate of 2.9%. The US average is 6.0%.
Bentonville has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 52.2%, which is higher than the US average of 33.5%.
Tax Rates for Bentonville
- The Sales Tax Rate for Bentonville is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Bentonville is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bentonville
- The average income of a Bentonville resident is $34,811 a year. The US average is $28,555 a year.
- The Median household income of a Bentonville resident is $89,653 a year. The US average is $69,021 a year.